March 28, 2018 / 7:35 AM / in 3 months

BRIEF-Nomura Holdings and LINE sign MOU to consider financial business alliance

March 28 (Reuters) - Nomura Holdings Inc

* Says it and LINE Corp have signed a memorandum of understanding to explore a business alliance primarily aimed at providing securities services

* Says it and LINE Corp will jointly set up a JV, LINE Securities Corporation, which will be engaged in brokerage and securities investment consultation services to help clients build assets, in May

* Says it and LINE Corp will hold 49 percent stake and 51 percent stake in the JV respectively

Source text in Japanese:goo.gl/S4DaZQ

Further company coverage: (Beijing Headline News)

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